Ajax Mortgage Calculator

?
Enter the amount that you are planning on paying for the property
Property Value
STEP 1
Enter property purchase price
Haven't found a property to purchase yet?
Option #1
Option #2
Option #3
Option #4
?
Enter the amount that you will pay upfront
toward the property to obtain a mortgage
Down Payment
?
CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
Mortgage Insurance
+
$19,000
$13,950
$11,900
$0.00
?
Total mortgage amount is calculated by subtracting
the down payment from the property price and adding
CMHC mortgage insurance (if applicable)
Mortgage Required
=
$494,000
$463,950
$436,900
$400,000
?
Amortization period is length of time that it would take
the mortgage holder to pay off the mortgage in full
Amortization Period
?
Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
Select Province
STEP 2
Select province to get current
mortgage rates
?
Mortgage type specifies whether the interest
rate is variable or fixed
Mortgage Type
?
Mortgage term is the duration of time that you
are committed to a lender, rate and conditions
Mortgage Term
?
Mortgage rate is the interest rate that you will
be paying on the outstanding balance for the
duration of the mortgage term
Mortgage Rate
Select
Select
Select
Select
STEP 3
Select one of the mortgage
rates currently available
?
Please select how often you would like
to make your mortgage payments.
Payment Frequency
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
Mortgage Payment
?
This is an estimate of how much you should expect
to spend upfront in order to make this purchase
Cash Needed
Down Payment
$25,000
$50,000
$75,000
$100,000
Mortgage Insurance PST
+
$1,520
$1,116
$952
$0
Lawyer Fee
+
$1,000
$1,000
$1,000
$1,000
Title Insurance
+
$500
$500
$500
$500
Land Transfer Tax
+
$6,475
$6,475
$6,475
$6,475
Total Cash Needed
=
$34,495
$59,091
$83,927
$107,975
First time home buyers in Ajax are eligible for a Land Transfer Tax rebate of up to $4,000

Contact Us

First Name
Last Name
Email
Phone
Message (Optional)
OR CALL
1.877.896.6727

Ajax Mortgage Examples

Bright! Tasteful! Renovated Home In Highly Sought After Pocket In Ajax *2000Sqft Above Grade!!* Plus A Finished Basement! A Gem Of A Family Room Offering Space That Will Be Envy Of All! Super Sized Bedrooms And Backyard! Entertainers Delight! Exceptional Features Include: Double Garage; Main Floor Laundry, Hardwood Floor Thru-Out, Large Family Room, Iron Railings, Breakfast Area Walk Out To The Deck, Abundant Natural Light! Furnace: 2018. Direction Access To Garage.**** Extras **** Within Walking Distance You Access Schools, Grocery, Hwy 401 And The Go Station. Inc:Window Coverings, Elf, Stainless Steel Appliances (Fridge, Stove, Dishwasher And Range Hood), Washer And Dryer, Air Conditioner, Humidifier And Water Softener System (Id:23934)
CALL1.877.896.6727
Property Price
$749,000
Minimum Down Payment (%)
6.66%
Minimum Down Payment ($)
$49,900
Best Mortgage Rate (%)
2.19%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$11,455
Mortgage Insurance PST
$2,237
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$65,092
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$61,092
Monthly Payment
$3,146
Family Home Recently Renovated With Separate Entrance & Inlaw Suite, On Prem 130 Ft Fenced Lot. 5 Car Drive No Sidewalk & Lrg Carport. Stunning Features; Living Room With Fireplace, Picture Window, Plaster Crown Moulding, Pot Lights, Tile & Hardwood Floors Thru-Out. Kitchen & Bathrooms With Quartz Counter Tops. Mudroom With 11 Foot Ceiling, Tile Floor, 2 Closets & Leads To Separate Entr Basement & Main / Carport Access. Finished. Basement With Kitchen, 2 Bdrms, Full Bath, Lrg Recreation Room And Bright Windows.**** Extras **** South Ajax Waterfront Community, Short Walk To Parks, Waterfront Trails, Transit & Amenities. Southwood Park Ps French / English School District. Bright Spacious Laundry. Energy Efficient & Quiet Split Type Heat / Air Conditioning. (Id:23934)
CALL1.877.896.6727
Property Price
$695,000
Minimum Down Payment (%)
6.40%
Minimum Down Payment ($)
$44,500
Best Mortgage Rate (%)
2.19%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$10,375
Mortgage Insurance PST
$2,082
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$58,457
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$54,457
Monthly Payment
$2,927
Live By The Lake!Home Is Nestled By The Spectacular South Ajax Waterfront Huge Lot Provides Dbl Sized Garage & Parking For 8 Cars& Huge Stamped Concrete Patio With Plenty Of Yard Left For Playing! Completely Renovated Throughout! Open Concept Main Floor, Bamboo Flooring, Led Lighting, Gas Fireplace, French Doors With Built In Blinds. 2Nd Flr Features 3 Good Sized Bdrms, Bamboo Flrs & Beautiful 4Pc Bath. 250 Meter To Ajax Waterfront Park , Access To Great Lake**** Extras **** Extra Living Space In The Finished Basement With 4Th Bedroom,3Pc Bath & Large Recreation Room.New Roof 18, New Gutters All Around House 18, New Shutters18, Garage Opnr 19, Kitchen Appls 16, Dishwasher 17, Hardwood Flooring16, Basement Flooring 16,Furnace&Cac16 (Id:23934)
CALL1.877.896.6727
Property Price
$629,900
Minimum Down Payment (%)
6.03%
Minimum Down Payment ($)
$37,990
Best Mortgage Rate (%)
2.19%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$9,073
Mortgage Insurance PST
$1,894
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$50,457
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$46,457
Monthly Payment
$2,663
Gorgeous 4+1 Bd Hse In Heritage Executive Community, Pride Of Ownership,Original Owners, Premium Corner Lot On A Quiet Small Cres, Sun Filled & Spacious With Office On Main Floor, $$$ Spent On Upgrades, Immaculate Throughout, Too Many To List Please Chk Attachment. Main Flr Laundry With A Walk-Out To Garage, Stunning Backyard Perfect For Entertaining, Newly Prof Finished Bsmnt, Wood Strs, Wrought Iron Pickets.Great For Families, Close To Schools,**** Extras **** Inclusions: Stainless Steel Fridge,Stove,Built-In Dishwasher,Built-In Microwave. Washer & Dryer, Freezer In Basement,All Elf, All Window Coverings (Excluded: Office & Family Room) 2 Garage Door Opener's, Garden Shed,Central Vacuum Rough-In, Kichen Rough-In In Basement.. All Windows 2014 (Id:23934)
CALL1.877.896.6727
Property Price
$914,900
Minimum Down Payment (%)
7.27%
Minimum Down Payment ($)
$66,490
Best Mortgage Rate (%)
2.19%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$14,773
Mortgage Insurance PST
$2,715
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$85,478
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$81,478
Monthly Payment
$3,818
Spacious Renovated Top To Bottom 3 Bedrooms 2 Bath Townhouse Close To Downtown Ajax & Minutes From The Lake. Upgrades Included Oak Recapped & Refaced Hardwood Stairs, Metal Railing. Laminate, Ceramic Tiles & Backsplash, Vanities, Doors. Freshly Painted Throughout. Huge Master With Wall To Wall Closets. Walk-Out From Living Room To Large Deck. Move In Ready! Hot Water Tank Is A Rental.**** Extras **** Close To All Amenities, 407 & 401, Ajax Go, Place Of Worship, Lake, Top Rated Schools & Public Transit. Included All Appl, Elf, Excluded Stove, Stove Will Be Replace With Samsung. (Id:23934)
CALL1.877.896.6727
Property Price
$459,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$22,950
Best Mortgage Rate (%)
2.19%
Mortgage Type
2 Years Fixed
Amortization
25 Years
Land Transfer Tax (LTT)
$5,655
Mortgage Insurance PST
$1,395
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$31,500
First Time Home Buyer
Land Transfer Tax Credit
-$4,000
Cash Needed
$27,500
Monthly Payment
$1,962

Mortgages In Ajax

Suburban life that exists outside the city of Toronto can easily be found in Ajax! At times confused with Pickering due to the two practically having no empty space between them, Ajax is a 'textbook suburbia' that encompasses golf courses, explorable conservation areas & parks (some with beaches), healthcare centres, abundant schools, amenities, and public transportation. The real estate opportunities here are at an all-time high (thanks to the growing economy), with various housing stock dwellings that can meet or exceed home buyers' expectations. A mortgage loan can be one financial solution for purchasing a new home here, and using an Ajax mortgage calculator can help. With new residential developments going up in the horizon, buyers will find that this city is more than a great investment, and using a mortgage calculator will help you to find out what your monthly payment would be on a specifically priced home. When a home listed on the MLS has your attention and you feel you are ready to move forward to approach a lender for a mortgage loan, make sure that you have taken stock of your finances, because you are about to dive into the mortgage market. Mortgage brokers are cunning & know this market well (a great ally to have in this crazily competitive sector).
Securing a mortgage loan for a home in Ajax is not going to be a problem when you have your finances in order (if you curiously used any other type of mortgage calculator, then you already know that lenders will dive deep into your financial history). Buying a home is not usually done on a whim, but some home buyers are not as prepared financially as they should be. Lenders look at credit history (did you manage to pay off any debts in a timely manner and in full), verifiable job/income tenure, is your down payment & closing costs saved or borrowed, do you possess assets, and so on. Sure, there are lenders out there that work with people for a mortgage loan that are not financially prepared or that have less-than-spotless credit ratings & debt, but these lenders will impose higher interest rates and additional fees to cover the higher risk. Mortgage loan lenders will not offer you the full scope of mortgage products if there is more risk involved, so if you had a hybrid mortgage on your mind as ideal for your finances (a split mortgage that uses both a variable rate mortgage and a fixed rate mortgage), you may be out of luck.